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“A con job’: Major parties clash over instant assets write-off pledge

The Albanese Government has promised to extend the instant asset write-off for tradies if re-elected which would allow small businesses and trade workers to deduct $20,000 in essential purchases off the tax they pay.

Deputy Opposition Leader Sussan Ley told Peter Fegan on 4BC Breakfast, “It’s a complete con job and I actually don’t think you can believe it just four weeks before an election.”

“This Labor Party had been prepared to let this tax break fall to just $1,000 for our tradies and our small businesses.”

“We pressured them in the budget week to maintain it at $20,000 and they’ve done that for one more year.” Mrs. Ley said.

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Image: Getty/Hilary Wardhaugh/Martin Ollman

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Peter Fegan
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